Real Estate Information Archive

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I just talked about bank owned homes the other day and at the end I said interest rates were low, low, low! Well last night on the news it mentioned just how low they are right now. I feel obligated to tell you about it again!

Interest rates have dropped to the lowest they have been since long term-mortgages began in the 1950’s. A 30-year fixed rate dropped to an average of 3.62%, mortgage buyer Freddie Mac said on Thursday, July 5, 2012. A 15-year mortgage, a popular refinancing option, slipped to an average of 2.89%.

Let me know of anything else that important to you, like location, price, # of bedrooms, number of bathrooms, etc. I will get a search set up and we will arrange a time, through email or phone, to go take a look at a few.